Banking Awareness
Test your knowledge of Indian banking concepts, RBI policies, financial institutions, and banking terminology.
Questions
Which committee proposed liquid measures L1, L2 and L3, a new concept?
- Y V Reddy
- M Narsimham
- Padnabham
- Tarapore
- M S varma
Which bank has the tag line of Serving to grow, Growing to serve?
- Bank of India
- Corportion bank
- Canara bank
- United bank of India
- State bank of india
Which bank was earlier called as Imperial bank of india?
- RBI
- SBI
- SBH
- NABARD
- ICICI
Which of the following is NOT true about NBFC?
- NBFC cannot accept demand deposits.
- Credit gurantee corporation is available to the depositors of NBFC.
- NBFC does not form a part of payment.
- NBFC cannot issue cheques drawn on it.
- All of the above
Who is the chairman of SEBI?
- Miland Bhave
- U. K. Sinha
- Shyamala Gopinath
- B. Subba Rao
- D. Pratap Chaudhary
Which of the following banks is not functioning in India?
- ICICI
- Axis
- Aegon religare
- UCO
- Bank of india
Which of the following is incorrect with respect to Regional Rural Banks(RRB)?
- RRB are formed under RRB act 1976.
- RRBs are oriented towards the needs of weaker sections of rural population.
- RRB's are owned by Central bank of India (60%), State govenrnment (20%), and Sponsor bank (20%).
- RBI gave RRBs direct access to refinance at concessional rate and maintain a lower level of SLR than a commercial bank.
- In Nagaland, there are four RRBs.
Collateralized Borrowing and lending Obligation (CBLO) is a _________.
- monetary policy instrument
- money market instrument
- capital market instrument
- investment fund
- none of the above
In India, the RBI has mandated the banks to hold 24% of their net demand and time liabilities (NDTL) in a liquid portfolio under the statutory liquidity ratio (SLR) regime. What are the benefits of this system ?
A) It provided strength to the financial system.
B) It increases flow of credit to productive sectors.
C) It provides growth to Indian economy.
Which of the above statements is/are correct?
- All A, B and C
- Only B and C
- Only A and B
- Only A
- None of these
The power of the commercial banks to expand deposits through expanding their loans and advances is known as
- capital expansion
- credit expansion
- credit control
- credit creation
- none of these
If the Reserve Bank of India wants to block/hinder capital outflows and contain currency depreciation, which of the following would be the most possible action?
- Purchase Government Bonds
- Decrease Interest Rates
- Increase Interest Rates
- Decrease Statutory Liquidity Ratio
- None of these
Mutual funds fall within the supervisory of ____________.
- SBI
- NABARD
- RBI
- SEBI
- IRDA
An increase in CRR by RBI leads to ________.
- decrease in deposits
- increase in deposits
- increase in lendable resources
- decrease in lendable resources
- none of the above
The implementation of which of the following programs is/was based on the concept of Self Help Groups (SHGs)?
- Sampoorna Grameen Rozgar Yojna
- National Rural Employment Guarantee Act
- Swarna Jayanti Gram Swarozgar Yojna
- National Food for Work Program
- None of these